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MUMBAI: After T-Series walked out of a co-producing deal, Percept Picture Company
(PPC) has roped in Sahara One Motion Pictures to participate in the upcoming film
8X10 Tasveer.
Sahara
One Motion Pictures is learnt to be investing Rs 100 million and will enjoy one-fifth
share of the film's revenues. We
have signed a 20 per cent exploitation deal with Sahara One Motion Pictures. We
are in talks with other parties as well for a similar kind of deal as part of
our de-risking strategy, PPC CEO Navin Shah tells Indiantelevision.com.
Apparently,
before the debacle with T-Series, PPC has send a release that it will solely release
8 x 10 Tasveer, sidelining the deal with Sahara One Motion Pictures.
Industry sources
say the Akshay Kumar starrer is made on a budget of around Rs 350 million.
The movie,
which will hit the screens on 3 April, will be distributed by PPC. We will
be distributing the movie ourselves. We will release it with 1,200 prints in India
and 300 prints overseas, Shah says. Directed
by Nagesh Kukunoor, the film casts Ayesha Takia, Sharmila Tagore, Javed Jaffery,
Girish Karnad, Anant Mahadevan, Benjiman Gilani and Rushad Rana. It is the story
of a young man with a unique supernatural gift of looking into the past of dead
people. Also
Read: Percept,
T-Series resolve issue over 8X10 Tasveer T-Series,
Percept Picture lock horns over 8X10 Tasveer |